Jakarta (ANTARA) – Indonesia would experience a 0.1 percent economic slowdown if global oil prices remain at US$100 per barrel until June, the National Development Planning Ministry (Bappenas) projected.Brent crude, the global benchmark, as well as US West Texas Intermediate (WTI) are currently above US$100 per barrel—higher than the average oil price in January, when Brent crude was US$64 per barrel.Bappenas’ director of macroeconomic planning, Ibnu Yahya, on Tuesday, explained the impact of energy price spikes on the national economy is now much more limited than in previous crisis periods.Indonesia, according to him, is currently more adaptive and flexible in responding to global shocks. This resilience is said to be the result of the gradual and continuous strengthening of economic fundamentals since the 1998 crisis.By comparison, during the 2008 global financial crisis, when the global economy was under pressure, Indonesia's economic growth declined relatively slightly from 6.1 percent to around 4.9 percent.Indonesia was also able to maintain good resilience during the spike in energy prices and global geopolitical tensions in 2022, with the domestic economy remaining resilient with growth above 5 percent.However, the government acknowledges that strengthening the national economy still faces a number of challenges, particularly in the real sector, fiscal policy, bank credit, and foreign direct investment.To address these challenges, the government’s focus includes industrialization efforts and workforce transformation from the informal to the formal sector to strengthen the middle class.“All of this work cannot be completed this year. It must be carried out in medium- to long-term projects,” Yahya noted.